What does the term technology mean
The buzz word technology can almost always be replaced by the simpler terms technology or production process. Whoever exports a machine is exporting a technology, a process for the production of goods - he is not exporting any technology, no teaching of the production of goods. To do this, he would have to carry out technology teachers and textbooks.
This term describes the entire knowledge of manufacturing processes (e.g. NC, CNC, -CAM) and other technical processes (physics, chemistry, metallurgy, plastics technology, electrical engineering, electronics, etc.). Technology is primarily reflected in know-how. The higher the level of technology advances, the more automation (transfer lines, industrial robots) takes place and thus the increasing uniformity of production processes; the adaptability of the production facilities to changes often decreases. However, the opposite is sometimes also the case: Industrial robots can be freely programmed (program), which means that they can be more easily adapted to new products and production processes.
In socialist economics: The science of the natural-scientific-technical laws of the material-technical side of complete production processes and their implementation in production practice.
At the forefront of technological development are the virtual settlements of high-tech companies on the Internet, simulation software. Develop intelligent agents and cryptography programs.
In economic sociology:  Term for the amount of skills and knowledge that are available in a society to cope with the (mostly material) environment.
 Technology is also used to describe the set of technical resources in a society.
occurs in different meanings: comprehensive as the science of technical production processes, narrower than the set of all known possible methods or techniques for achieving a goal in a field of application delimited by convention, e.g. B. Forecast technology as a set of all forecasting techniques or production technology as a set of all production points (activity analysis). Karl Pop-per speaks of a doctrine of goal-reaching design. Technology is a regulation about the provision of means by which a certain effect is to be achieved. It is therefore also formulated as an "if-then sentence". The ideal that there is a theoretical explanation for the means-end or cause-effect relationship is not achieved in all cases. The realization of new technologies establishes technical progress. Literature: Brockhoff, K., Decision Research and Decision Technology, in: Witte, E. (Ed.), The practical benefit of empirical research, Tübingen 1981, p. 61 ff. Chmielewicz, K., Research conceptions of economics, 2nd edition, Stuttgart 1979. Popper, KR, The misery of historicism, 3rd edition, Tübingen 1971.
The entirety of the methods and processes used in the production and distribution of goods and services based on experience, scientific knowledge and technical inventions. In addition to needs and resources, technology is one of the fundamental data of an economy. It has a major influence on the degree of specialization and productivity and ultimately limits the level and composition of output and thus social prosperity. As a result, the technological level of an economy is considered to be one of the main indicators of its level of development (-) technological gap). Accordingly, technological change (- s technical progress) and technology transfer play a central role for economic growth and development. Development policy is particularly about the choice of a technology "adapted" to the special conditions of the developing countries (appropriate technology; intermediate technology): the capital intensity must not be too high; it must be possible to manufacture small quantities competitively; production should lead as directly as possible to the real incomes of broad strata; the means of production should be technically simple and easy to repair. These requirements are seldom met by the technology transferred to developing countries through the direct investment of multinational corporations. Similar concerns concern the proposal to transfer technology that is obsolete in developed countries.
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